I would like to ask you something about tax. Because I didn't have a TFN at first. Then my employer paid me a salary and tax was deducted. Then I'm asking, how is that possible? I don't have a TFN yet, He said that they paid the taxed, So my question is can I still get it on the tax return?
If you don't supply a TFN then tax must be withheld by employer (at 47%) and forwarded to the ATO. This tax is not lost. Once you lodge a tax return (suggest you apply for a TFN before then) all the tax withheld by your employer is used to pay your tax liability assessment for the year. Anything left over will be refunded to you.
If you don't supply a TFN then tax must be withheld by employer (at 47%) and forwarded to the ATO. This tax is not lost. Once you lodge a tax return (suggest you apply for a TFN before then) all the tax withheld by your employer is used to pay your tax liability assessment for the year. Anything left over will be refunded to you.
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